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Worcester 01605 Indian Lake East
5 Roald Street
$275,000
● House - Off Market

5 Roald Street

Worcester, MA 01605
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,547 Ft²
$403,726
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Offer Deadline - January 20, 2019 3:00 pm *****   Nestled on a dead-end road with quick highway access, you'll find this charming updated 3BR Cape complete with original hardwoods, built-in and wood trims.  The spacious Living Room features a fireplace and access to the screen porch, just ideal for morning coffee or evening dessert.  The Dining Room flows to the Kitchen with direct access to the oversized deck and fenced back yard with plenty of outdoor living space.  The upper level offers 3 bedrooms and full-bath.  Bonus finished space in the walk-out lower level is great as Playroom, Man-Town or in-home office.  Two car garage with loft storage above and shed area below, oversized level driveway, and fenced yard complete the property.  Welcome Home!
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$174
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1933

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72442364)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Jan 17, 2019 Listed by Gibbs Realty Inc. $269,900
Listed by Gibbs Realty Inc.
Jul 29, 2005 Sold
Premium
Sold
Jun 9, 2005 Listed by Gibbs Realty Inc. $274,900
Listed by Gibbs Realty Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,192
  • Total Building Area: 1,547
  • Gross Building Area: 3,204
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730500

Zoning

  • Zoning: RL-7

Geography

  • Account Number: 20-024-11+12
  • Parcel: WORC M:20 B:024 L:11+12
  • Block: 24
  • Lot: 11+12
  • Municipality: WORCESTER
  • Latitude: 42.2901
  • Longitude: -71.8086

    Address

  • Full Address: 5 Roald St
  • Address - House Number: 5
  • Address - Street Name: Roald
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C012
  • 4-Digit Zip Code: 1205
  • Zip Code: 01605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $499,700

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 436,579
  • High Value: 518,472
  • Low Value: 354,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,500
  • Assessed Land Value: $103,400
  • Assessed Improvements Value: $245,100

    Sales

  • Current Sale Contract Date: Feb 19, 2019
  • Current Sale Recording Date: Mar 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22330
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian Lake East

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$281

Below Asking

0.01%

Average Days on Market

68

Average Home Size

943 ft²

Average Home Age

51.2 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72442364

Frequently Asked Questions

When was property at 5 Roald Street built and last sold?
The property at 5 Roald Street was built in 1933 and last sold on Feb 19, 2019 for $275,000.
How much is this home worth?
The estimated value of the home located at 5 Roald Street is $285,428.
What are some comparable homes to 5 Roald Street?
There are currently no comparable homes to 5 Roald Street.
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